Dropbox, Inc. (DBX)
NASDAQ: DBX · Real-Time Price · USD
34.66
-1.10 (-3.08%)
Nov 6, 2026, 4:00 PM EST - Market closed
Dropbox Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 2,535 | 2,521 | 2,548 | 2,502 | 2,325 | 2,158 | |
Revenue Growth | 0.24% | -1.07% | 1.86% | 7.60% | 7.74% | 12.75% |
Cost of Revenue | 509.4 | 500.4 | 442.7 | 475.6 | 444.2 | 444.2 |
Gross Profit | 2,025 | 2,021 | 2,106 | 2,026 | 1,881 | 1,714 |
Selling, General & Admin | 604.4 | 599 | 686.8 | 694.5 | 632.3 | 650.9 |
Research & Development | 735.7 | 730.1 | 885.2 | 908.7 | 891.9 | 755.9 |
Operating Expenses | 1,340 | 1,329 | 1,572 | 1,603 | 1,524 | 1,407 |
Operating Income | 685 | 691.5 | 533.5 | 422.8 | 356.5 | 306.9 |
Interest Expense | -199.2 | -114.8 | -25.1 | -15.2 | -12.4 | -12.7 |
Interest & Investment Income | 36.2 | 36.2 | 39 | 34.6 | 15.7 | 7.5 |
Other Non Operating Income (Expenses) | 19.1 | 6.4 | 9.9 | -3.7 | 3.1 | 16.5 |
EBT Excluding Unusual Items | 541.1 | 619.3 | 557.3 | 438.5 | 362.9 | 318.2 |
Merger & Restructuring Charges | -13.9 | -3.7 | -47.2 | -39.3 | - | -1.2 |
Gain (Loss) on Sale of Investments | 0.7 | 0.7 | -0.2 | - | 5 | - |
Gain (Loss) on Sale of Assets | - | - | - | - | - | -31.3 |
Asset Writedown | 3.9 | 1.3 | -0.1 | -3.6 | -175.2 | - |
Other Unusual Items | - | - | - | 158.8 | - | 13.6 |
Pretax Income | 531.8 | 617.6 | 509.8 | 554.4 | 192.7 | 299.3 |
Income Tax Expense | 96.7 | 109.2 | 57.5 | 100.8 | -360.5 | -36.5 |
Net Income | 435.1 | 508.4 | 452.3 | 453.6 | 553.2 | 335.8 |
Net Income to Common | 435.1 | 508.4 | 452.3 | 453.6 | 553.2 | 335.8 |
Net Income Growth | -13.41% | 12.40% | -0.29% | -18.00% | 64.74% | - |
Shares Outstanding (Basic) | 232 | 268 | 318 | 341 | 361 | 388 |
Shares Outstanding (Diluted) | 236 | 273 | 323 | 346 | 446 | 396 |
Shares Change | -18.02% | -15.65% | -6.42% | -22.49% | 12.66% | -4.46% |
EPS (Basic) | 1.88 | 1.89 | 1.42 | 1.33 | 1.53 | 0.87 |
EPS (Diluted) | 1.84 | 1.86 | 1.40 | 1.31 | 1.52 | 0.87 |
EPS Growth | 5.50% | 32.86% | 6.87% | -13.96% | 75.92% | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 915.2 | 930.8 | 871.6 | 759.4 | 763.5 | 707.7 |
Free Cash Flow Per Share | 3.88 | 3.41 | 2.69 | 2.20 | 1.71 | 1.79 |
Gross Margin | 79.90% | 80.15% | 82.63% | 80.99% | 80.89% | 79.42% |
Operating Margin | 27.03% | 27.43% | 20.94% | 16.90% | 15.33% | 14.22% |
Profit Margin | 17.17% | 20.17% | 17.75% | 18.13% | 23.79% | 15.56% |
Free Cash Flow Margin | 36.11% | 36.92% | 34.21% | 30.36% | 32.84% | 32.80% |
EBITDA | 836.5 | 848.9 | 670.8 | 592.8 | 513.6 | 458.3 |
EBITDA Margin | 33.01% | 33.67% | 26.32% | 23.70% | 22.09% | 21.24% |
D&A For EBITDA | 151.5 | 157.4 | 137.3 | 170 | 157.1 | 151.4 |
EBIT | 685 | 691.5 | 533.5 | 422.8 | 356.5 | 306.9 |
EBIT Margin | 27.03% | 27.43% | 20.94% | 16.90% | 15.33% | 14.22% |
Effective Tax Rate | 18.18% | 17.68% | 11.28% | 18.18% | - | - |
Advertising Expenses | - | 81.8 | 142.6 | 131.7 | 94.8 | 108.6 |